Iskandar Regional Development Authority Act 2007 · s 20

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s 20Financial assistance to members, officers, servants and other persons

The Authority may provide—

(a)

payment of retirement benefits, gratuities and other allowances as the Authority may determine to the officers and servants of the Authority;

(b)

subsidies, grants, financing or credit facilities, with or without interest, for housing or vehicle purposes, and other compassionate financing or loans, to the members, officers and servants of the Authority;

(c)

subsidies, grants, financing or credit facilities, with or without interest, for medical purposes to the members, officers and servants of the Authority, and their dependents;

(d)

financing or credit facilities, with or without interest, for educational purposes or scholarships to the members, officers and servants of the Authority or any other person; and

(e)

donations to any person, on such terms and conditions as the Authority may determine.